Devon Energy Corporation (DVN) fair value analysis

S&P 500 · Updated 2026-09-07

Devon Energy Corporation is an independent energy company engaged in the exploration, development, and production of oil, natural gas, and natural gas liquids. The company operates primarily in the United States, with major operations in the Permian Basin, Eagle Ford Shale, and other key onshore oil and gas producing regions.

Forward Fair Value verdict

Overvalued

Based on TickrTrends' weekly Forward Fair Value model, DVN is trading at more than a 25% premium to estimated fair value.

DVN currently ranks #19 of 25 Energy stocks by discount to Forward Fair Value. It has screened as Overvalued for 3 consecutive weekly runs.

Last price: $48.06
Sector: Energy
12-month range: $32.49–$50.56

Derived indicators

Coarse bands from TickrTrends' weekly models; exact figures are part of the full report.

Quality grade: F
Leverage: Moderate
Margin trend: Contracting
Revenue growth: Declining
RSI zone: Neutral
52-week position: The top quarter of its range

What our data shows for DVN

Our model validated 17 trailing price-to-earnings windows for DVN, built from quarterly earnings records.
Shares are trading in the upper third of their 12-month price range of $32.49–$50.56.
The 14-day relative strength index sits at a neutral 68.

The exact numbers are one step away

The precise Forward Fair Value dollar figure for DVN
Exact discount / premium to today's price
The normalized historical P/E behind the estimate, and how many quarters support it
Forward EPS input and fiscal-year basis
Screeners and rankings across the full S&P 500 and Nasdaq universes

See the exact fair value →

How Forward Fair Value works

TickrTrends computes a Forward Fair Value for every covered stock each week: a conservatively normalized historical price-to-earnings multiple is applied to the analyst-consensus earnings estimate for the next full fiscal year. Every input window is validated for continuity and every result is screened for plausibility before publication.

Recent DVN news

TickrTrends' derived news-sentiment signal for DVN is currently leaning positive, computed from recent coverage.

Devon Energy: Operations Back In Focus After The Coterra Acquisition (NYSE:DVN) (seekingalpha.com, 2026-09-08)
TickrTrends take: Devon Energy's integration of the Coterra acquisition places operational execution at the center of investor attention, particularly for those monitoring whether the combined entity can justify its current market valuation. TickrTrends currently assesses DVN as overvalued, suggesting that the company will need to demonstrate substantial synergies and operational improvements from the merger to close any gap between its market price and intrinsic value. Energy sector investors should track whether management can deliver on integration efficiencies and production targets that would support the valuation premium the stock currently commands.
Enterprise Products Partners: Buy, Sell, or Hold? (finance.yahoo.com, 2026-09-05)
TickrTrends take: DevonEnergy operates in the Energy sector where commodity price movements and capital efficiency significantly influence valuation multiples. With TickrTrends currently assessing DVN as overvalued, investors focused on valuation metrics should monitor whether the company's earnings growth can justify its current pricing or if market conditions in energy will compress valuations further. The relationship between oil and gas prices and DVN's cash generation capabilities remains central to determining whether the current valuation represents a sustainable level or a pullback opportunity.
Goldman’s Energy Dividend Picks: Why Devon and HF Sinclair Still Offer Upside (insidermonkey.com, 2026-09-04)
TickrTrends take: Goldman Sachs has identified Devon Energy as among its preferred dividend-paying energy companies, suggesting the bank sees operational merit in the company. However, TickrTrends currently classifies DVN as overvalued, indicating that the market price may not fully align with fundamental valuation metrics despite the positive analyst commentary. For valuation-focused investors, the divergence between Goldman's optimistic dividend outlook and TickrTrends' overvaluation assessment highlights the importance of reconciling growth expectations with current market pricing in the energy sector.

What people are saying

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TickrTrends weekly updates

2026-09-07 — No material change this week: the verdict, bands and grades all held steady.
2026-09-06 — No material change this week: the verdict, bands and grades all held steady.
2026-08-31 — TickrTrends initiated weekly Forward Fair Value coverage of this stock.

Frequently asked questions

Is DVN stock undervalued?

Based on TickrTrends' Forward Fair Value model (updated 2026-09-07), DVN is trading at more than a 25% premium to estimated fair value and screens as overvalued. The exact fair value and discount are available to subscribers.

What is DVN's TickrTrends verdict?

DVN's current verdict is Overvalued, refreshed with every weekly Forward Fair Value run.

How does DVN compare to other Energy stocks?

DVN ranks #19 of 25 Energy stocks in TickrTrends' coverage when sorted by discount to Forward Fair Value.

Is DVN overbought or oversold?

DVN's 14-day RSI is in neutral territory - neither overbought nor oversold.

All Energy fair-value coverage →

Head-to-head comparisons

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